UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G
                   (Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*


                               Exide Technologies
                  --------------------------------------------
                                (Name of Issuer)


                                  Common Stock
              ----------------------------------------------------
                         (Title of Class of Securities)


                                    302051206
                            ------------------------
                                 (CUSIP Number)


                                  May 31, 2005
              ----------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d)



                                Page 1 of 5 Pages


                                  SCHEDULE 13G
---------------------                                    -----------------
CUSIP No. 302051206                                      Page 2 of 5 Pages
---------------------                                    ------------------
===========================================================================
Name of Reporting Persons (entities only).
I.R.S. Identification Nos. of Above Persons MELLON HBV ALTERNATIVE STRATEGIES
LLC
---------------------------------------------------------------------------
2  Check the Appropriate Box if a Member of a Group (See Instructions)

                                (a) [ ] (b) [ ]
---------------------------------------------------------------------------
3  SEC Use Only
---------------------------------------------------------------------------
4  Citizenship or Place of Organization
   United States of America
--------------------------------------------------------------------------
             NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
---------------------------------------------------------------------------
Number of Shares        5 Sole Voting Power
Beneficially Owned by   2,458,077 (includes a convertible debt position
Each Reporting Person   convertible into 417,386 share of common stock within 60
                        days from the date hereof.)
                        --------------------------------------------------------
                        6 Shared Voting Power
                                        0
                        --------------------------------------------------------
                        7 Sole Dispositive Power
                        2,458,077 (includes a convertible debt position
                        convertible into 417,386 share of common stock within 60
                        days from the date hereof.)
                        --------------------------------------------------------
                           8 Shared Dispositive Power
                                        0
--------------------------------------------------------------------------
9                 Aggregate Amount Beneficially Owned By Each Reporting Person

                  2,458,077 (includes a convertible debt position convertible
                   into 417,386 share of common stock within 60 days from the
                  date hereof.)
---------------------------------------------------------------------------
10  Check if the Aggregate Amount in Row (9) Excludes
    Certain Shares (See Instructions)                        [ ]
---------------------------------------------------------------------------
11                Percent of Class Represented by Amount in Row (9)
                   9.9% (includes a convertible debt position 
                   convertible into 417,386
                  shares of common stock within 60 days from the date hereof.)
---------------------------------------------------------------------------
12  Type of Reporting Person (see Instructions)
            IA
===========================================================================


                                                               Page 3 of 5 Pages
                                  SCHEDULE 13G


Item 1.
      (a) Name of Issuer:

               Exide Technologies (the "Company")

      (b) Address of Issuer's Principal Executive Office:

               Crossroads Corporate Center
               3150 Brunswick Pike, Suite 230
               Lawrenceville, NJ  08648

Item 2.           Name of Person Filing

      (a) Name of Person Filing:

               Mellon HBV Alternative Strategies LLC

      (b) Address of Principal Office:

               200 Park Avenue

               Suite 3300

               New York, New York 10166-3399

      (c)      Citizenship:

               The Reporting Person is a Delaware limited liability company.

      (d)      Title of Class of Securities:  Common Stock

      (e) CUSIP Number: 302051206



Item 3.         If Statement is filed pursuant to Rules 13(d)-1(b) or 13d-2(b),
                check whether Person Filing is a

(a)  [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C.
     78o);

(b)  [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)  [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.
     78c);

(d)  [ ] Investment company registered under section 8 of the Investment Company
     Act of 1940 (15 U.S.C. 80a-8);

(e)  [X] An investment adviser in accordance with ss. 240.13d-1(b)(1)(ii)(E);

(f)  [ ] An employee benefit plan or endowment fund in accordance with ss.
     240.13d-1(b)(1)(ii)(F)






                                                               Page 4 of 5 Pages

(g)  [ ] A parent holding company or control person in accordance with ss.
     240.13d-1(b)(1)(ii)(G);

(h)  [ ] A savings association as defined in Section 3(b) of the Federal Deposit
     Insurance Act (12 U.S.C. 1813);

(i)  [ ] A church plan that is excluded from the definition of an investment
     company under section 3(c)(14) of the Investment Company Act of 1940 (15
     U.S.C. 80a-3);

(j)  [ ] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J).

Item 4. Ownership

     (a) Amount Beneficially Owned:

     The Reporting  Personbeneficially  owns  2,458,077  shares of the Company's
     Common Stock (the "Shares"),  including  Shares issuable upon covnersion of
     debt.  The Reporting  Person has sole voting and  dispository  power of the
     Shares of the Company's Common Stock held by each Client.

     (b) Percentage of Class:

     9.9% (includes a convertible debt position convertible into 417,386 shares
     of common stock within 60 days from the date hereof.)

     (c) Number of shares of which such person has:

     (i) power to vote or to direct the vote:

     2,458,077 (includes a convertible debt position convertible into 417,386
     shares of common stock within 60 days from the date hereof.)

     (ii) Shared power to vote or to direct the vote

     0

     (iii) Sole power to dispose or to direct the disposition of:

     2,458,077 (includes a convertible debt position convertible into 417,386
     shares of common stock within 60 days from the date hereof.)

     (iv) Shared Dispositive Power:

     0

Item 5. Ownership of Five Percent or Less of a Class Not Applicable.

Item 6. Ownership of More Than Five Percent on Behalf of Another Person

     The Reporting Person serves as investment adviser of the Clients. The
     Reporting Person has sole voting and dispository power of the Shares.



                                                           Page 5 of 5 Pages


Item 7. Identification and Classification of Members of the Subsidiary Which
     Acquired the Securities Being Reported on by the Parent Holding Company.

                           Not applicable.

Item 8.   Identification   and  Classification  of  Members  of  the  Group  Not
     Applicable.

Item 9. Notice of Dissolution of Group. Not Applicable.

Item 10. Certification By signing below I certify that, to the best of my
     knowledge and belief, the securities referred to above were acquired in the
     ordinary course of business and were not acquired and are not held for the
     purpose of or with the effect of changing or influencing the control of the
     issuer of the securities and were not acquired and are not held in
     connection with or as a participant in any transaction having that purpose
     or effect.





     SIGNATURE

     After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.

Date:  May 31, 2005

                                 MELLON HBV ALTERNATIVE STRATEGIES LLC

                                 By: _/s/ WILLIAM F. HARLEY III
                                 Name:  William F. Harley III
                                 Title:  President and Chief Executive Officer